Sovereign Financial Group Inc. Has $444,000 Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sovereign Financial Group Inc. cut its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 27.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,642 shares of the company’s stock after selling 2,861 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares Core Dividend Growth ETF were worth $444,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in DGRO. Natixis Advisors L.P. increased its holdings in iShares Core Dividend Growth ETF by 2.4% during the 3rd quarter. Natixis Advisors L.P. now owns 58,865 shares of the company’s stock valued at $2,916,000 after purchasing an additional 1,393 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 1,130.0% in the third quarter. O Shaughnessy Asset Management LLC now owns 4,834 shares of the company’s stock valued at $239,000 after buying an additional 4,441 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in iShares Core Dividend Growth ETF by 2,961.1% during the 3rd quarter. Tower Research Capital LLC TRC now owns 19,652 shares of the company’s stock worth $973,000 after buying an additional 19,010 shares in the last quarter. Beacon Bridge Wealth Partners LLC bought a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth about $520,000. Finally, Ancora Advisors LLC increased its position in iShares Core Dividend Growth ETF by 15.1% in the 3rd quarter. Ancora Advisors LLC now owns 4,051 shares of the company’s stock valued at $201,000 after acquiring an additional 530 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.1 %

Shares of NYSEARCA DGRO opened at $57.60 on Friday. iShares Core Dividend Growth ETF has a 1-year low of $47.19 and a 1-year high of $58.61. The company has a 50-day moving average of $57.31 and a two-hundred day moving average of $56.02. The company has a market cap of $27.27 billion, a PE ratio of 19.25 and a beta of 0.71.

About iShares Core Dividend Growth ETF

The iShares Core Dividend Growth ETF (DGRO) is an exchange-traded fund that is based on the Morningstar US Dividend Growth index. The fund tracks an index of US stocks that are selected by dividends, dividend growth and payout ratio, then weighted by dividend dollars. DGRO was launched on Jun 10, 2014 and is managed by BlackRock.